The execution of the award is subject to negotiating a power purchase agreement (PPA), Equinor said on Wednesday.

Assuming human behavior holds steady, a big transition to electricity will send demand skyrocketing. Making matters worse, this will all be happening as we transition away from easily scaled fossil fuel sources to more finicky renewables.

The modern grid, also known as the smart grid, is interconnected and automated, with many technologies involved, including artificial intelligence (AI), edge computing, and the Internet of Things (IoT).

The US clean energy industry has haemorrhaged over 400,000 jobs since the outbreak of the Covid-19 pandemic,

Located at the heart of Total's La Mède biorefinery and powered by solar farms with a total capacity of more than 100 MW, the 40 MW electrolyser will produce 5 tonnes of green hydrogen per day to meet the needs of the biofuel production process at Total's La Mède biorefinery, avoiding 15,000 tonnes of CO2 emissions per year.

In December 2020, ROSATOM commissioned the largest wind farm in Russia.

The solar ETF was up 225%, with 15 solar stocks up over 100% in 2020.

Renewable power generation in Britain accounted for 37.3% of total production in 2020 (24.8% from wind, 6.5% from biomass, 4.4% from solar, and 1.6% from hydro).

A new alliance of investors and energy sector giants will see $US10 billion (A$12.9 billion) invested in natural capital opportunities under the banner of a newly formed Natural Capital Investment Alliance, a Sustainable Markets Initiative brought together by His Royal Highness Charles, The Prince of Wales.

According to the U.S. Energy Information Administration’s (EIA) latest inventory of electricity generators, developers and power plant owners plan for 39.7 gigawatts (GW) of new electricity generating capacity to start commercial operation in 2021.

Home to a growing population and rising energy demand, the UAE is leveraging its abundant renewable resources and global technology partners to dramatically reduce its carbon footprint. Chief among its collaborators is the UK, which has a long history of greentech expertise and implementation.

Combined, they accounted for almost 71% (14,734 MW) of the 20,803 MW of new utility-scale capacity reported to have been added thus far in 2020. Year-to-date, wind (8,042 MW) and solar (6,485 MW) have each contributed more new generating capacity than has natural gas (6,039 MW).

There are three primary keys to achieving climate goals: decarbonisation, decentralisation and digitalisation.

Pouyanne said the investment budget for electricity and renewables would surpass $2 billion in 2021.

The highest increase in cumulative capacity was observed in Bulgaria (+15%), Denmark and Poland (over 10% growth).